Fixed Income: Global - Broad Market, Broad-based

SDEF Top Performer Intra-day
Price $17.00
Today’s Change 0.83%
4:00pm 03/21/2023
BOND Bottom Performer Intra-day
Price $92.03
Today’s Change -0.99%
4:00pm 03/21/2023

ETF.com Insight

With 33 ETFs and over $20.13B in combined AUM, the Fixed Income: Global - Broad Market, Broad-based segment provides exposure to the Global space with a focus on Broad Credit securities.

Year-to-date, the best-performing ETF in the segment is the Kingsbarn Tactical Bond ETF (KDRN), with a total return of 4.45%. Meanwhile, the most popular ETF is the First Trust TCW Opportunistic Fixed Income ETF (FIXD) with $3.67BB in assets under management.

Investors should take a look at the (). This fund has been chosen as an Analyst Pick by FactSet, thus is the best ETF for the average investor. has an expense ratio of -- and tracks the .

Performance Dispersion

ETF.com Efficiency Insight

The average efficiency score in the Fixed Income: Global - Broad Market, Broad-based segment is 77 out of 100, with the Capital Group Core Plus Income ETF(CGCP) obtaining the highest rating of 88 out of 100.

Costs dominate the discussion around efficiency. ETFs in the segment have an average expense ratio of 0.63% per year, with the VanEck Green Bond ETF (GRNB) having the lowest expense ratio, charging investors 0.20% yearly.

Investors should look for funds with tight tracking, such as the VanEck Green Bond ETF (GRNB), with a 12-month median tracking difference of 0.01%.

Tracking Difference (12 Month)

ETF.com Tradability Insight

The average tradability score in the Fixed Income: Global - Broad Market, Broad-based segment is 81 out of 100, with the JPMorgan Core Plus Bond ETF(JCPB) obtaining the highest rating of 100 out of 100.

The Fidelity Total Bond ETF (FBND) is the undisputed segment leader when it comes to liquidity. The fund trades 28.74M in daily average volume. Investors should also find ample liquidity in the First Trust TCW Opportunistic Fixed Income ETF (FIXD), with $26.79M in daily dollar volume.

Use limit orders to trade funds such as the Sound Enhanced Fixed Income ETF(SDEF), due to their double-digit market spreads.

ETF.com/ Block Liquidity

This measurement shows how easy it is to trade 25,000 shares of each ETF.

ETF.com Fit Insight

The Bloomberg Barclays Multiverse has been selected as the index that most accurately represents the market in question. The benchmark has been selected by the ETF Analytics team at FactSet, according to a series of guidelines to ensure this index accurately captures its market.

Investors trying to match a broad market exposure should pay attention to . This fund obtains a high Fit score and investors should capture market-like returns.

Other funds diverge from the market, by nature of their investment mandates; for example, follows a strategy and obtains a low Fit score compared with our neutral benchmark.

Index Methodology